Ordinance 71268

Redevelopment Plan for the 5266 Maple Ave. Redevelopment Area

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Ordinance

This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the 5266 Maple Ave. Redevelopment Area. This Board Bill will allow up to a 10-year tax abatement based on 95% of the assessed value of the incremental improvements. This Area includes an unoccupied residential property which will be renovated and sold.

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Legislative History

Session: 2020-2021
Board Bill Number: 128
Primary Sponsor: Shameem C Hubbard
Co-Sponsors:
Committee: Neighborhood Development
First Reading: 10/02/2020
Second Reading: 12/04/2020
Perfection: 12/11/2020
Third Reading: 01/15/2021
Effective Date: 02/27/2021

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